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Newsline

News/Business. World events, business news and weather forecasts; broadcast in English. (CC) (Stereo)

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U.s. 18, Snowden 6, Shanghai 6, China 6, United States 5, Japan 3, Nhk 2, Softbank 2, Mari Yamada 2, Moscow 2, Southern Okinawa 2, Newsline 2, Europe 2, Chantel Moving 1, European Un 1, Edward Snowden 1, Chiaki Ishikawa 1, West 1, St. Lucia 1, Sprint Nextel 1,
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  WHUT    Newsline    News/Business. World events, business news and  
   weather forecasts; broadcast in English. (CC) (Stereo)  

    July 9, 2013
    7:30 - 8:00am EDT  

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refusing to play any role in the transition. u.s. and european leaders are calling on all sides to exercise restraint. >> we also call on all political parties and movements to remain engaged in dialogue and to commit to participating in a political process to hasten the return of full authority to a democr democratically elected government. >> reporter: the european un's foreign policy chief called for an immediate end to the violence. katherine ashton urged all parties to move toward reconciliation. opponents say mansour and his aides are maybing some of the same mistakes after the arab spring protests two years ago. they promise to continue with their protests until morsi is back in office. chiaki ishikawa, nhk world. investigators are piecing together what happened in the moment moments before a plane crash landed in san francisco. two high school girls from china
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died when the asiana airliner went down saturday. the head of the national transportation safety board said the plane was coming in much too slow as it approached the runway. deborah hersman said the jet was traveling about 190 kilometers per hour roughly three seconds before the impact. the pilots were trying to pick up episode to make another attempt at a landing. a cabinet attendant said it seemed like the plane was trying to climb into the air. >> translator: it felt like we were taking back off and there was a huge crash. then i felt another jolt and the plane swayed strongly from the left to the right. >> a fire broke out as the crew was trying to evacuate the passengers and she escaped after making sure everyone else was off the plane.
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u.s. wanted man edward snowden is looking for safe haven. venezuelan president said his government received an asylum request. >> translator: we received an application letter for asylum. if he definitely wants to fly here he will need to decide when. >> reporter: former national security agency contractor snowden is facing espionage charges in the u.s. he disclosed secret documents on government surveillance programs. is he reportedly holed up inside a moscow airport. u.s. officials have revoked his passport. they asked countries not to help snowden escape prosecution. leaders from ecuador and nicaragua have offered asylum the last few days. moscow embassy also receive d a asylum request from snowden.
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the national security agency shares its intelligence with spy agencies in europe. snowden made the claims in an interview with the german magazine der spiegel, who interviewed him in may. they used coded e-mails to communicate. u.s. intelligence officers helped german agents analyze data passing through germany. he says the u.s. and german agents also discussed how to protect politicians if the public found out. european leaders claim they were not aware of the extent of u.s. intelligence gathering. snowden's revelations have strain u.s.-china relations at a sensitive times. u.s. agents hacked chinese computers just as the u.s. prepares to accuse china of the same thing. foreign and economic ministers will meet wednesday in
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washington for a two-day strategic and economic dialogue. senior u.s. official says cyber security is a key item on the agenda. u.s. leaders are concerned by the theft of trade secrets and intellectual property. chinese officials are expected to make use of snowden's allegations and ask the u.s. to explain its own cyber attacks. japan's defense officials have been monitoring chinese ships and they're concerned by what they see. china has ramped up its native activities in the senkaku islands in the east china sea. a wide paper on defense policy says chinese ships have repeatedly entered japanese waters around the islands. the report says some ships behaved so dangerously,caused e. maritime activities a threat to the region and the international community. defense officials are also worried about developments in
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north korea. the report says the north has made substantial progress in its program to develop ballistic missiles. the missiles could potentially reach the u.s. west coast and the central states. now he's setting his sights on amending the constitution. his party must make a strong showing in the upper house election so it can push its policy forward. less than a year after put itin abe in power, japanese voters have a chance to judge him on his record. don't miss our special coverage leading up to the july 21st election right here on "newsline." a staple item for chinese consumer sincere back on the menu. shanghai authorities had halted the trade of live poultry in april over concerns over the bird flu. the h1n7 strain killed several
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people. some are worried that could trigger new infections. mari yamada reports. >> reporter: this supermarket is in shanghai. live chickens have just hit the shelves for the first time in 2 1/2 months. many people have been waiting for this day. shoppers flock to buy the live chickens. >> translator: live chickens are much better, because they are fres fresh. >> reporter: during the bird flu epidemic, the world health organization suspected the markets selling live birds to be one of the roots of infection. to prevent the disease from
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spreading, shanghai city closed its live chicken markets. the number of infections declined. with concerns still remaining, we asked people in shanghai which they prefer, live chickens or prepacked meat. >> translator: live chickens. they're fresher and taste better. >> translator: i prefer live poultry. bird flu is over. we just have to be careful. >> reporter: of the 30 people we asked, 21 said they would buy live birds. during the ban, prepacked meat was sold instead of live chickens, but it wasn't well received by consumers. in the shanghai area, most people buy live chickens at market and cook them while they're fresh. stewing whole chicken right after slaughtering it is a local
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specialty. since live chickens disappeared from shops, many people just stopped eating chicken all together. >> translator: no fresh chicken for so long. delicious. >> reporter: another reason people stick to live chickens is because they know what they are getting. food safety scandals are commonplace in china. in may, a series of incidents surfaced, including a case in which red meat was being sold as -- in another case, the meat of pigs who had died of disease were being sold. that's why most people want to know for themselves that the meat they buy is safe. shanghai authorities issued a green light to sell live poultry again. in the meantime, the city has
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also laid out measures to lower the risk of infection with bird flu. the city government has tightened regulations on the poultry trade, cutting by half the number of markets that can sell live chickens. sales will also be suspended during the wintertime when the risk of infection increases. but the government plans to -- >> translator: our ultimate goal is to abolish the trade of live poultry but needs to be done in a slow manner. we'll raise the bar and tighten controls in the future. >> reporter: the trade in live poultry has resumed but the fear of another avian flu outbreak remains. for the authorities, the challenge now will be persuading
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people to give up buying live chickens permanently. mari yamada, nhk world, shanghai. all right. to the latest in business now. consumer prices in china remain relatively stable. the nigs's consumer price index has stayed in the 2% range for a fourth month in a row. national bureau of statistics said tuesday the cpi in june rose by 2.7% from the same month last year. jumped nearly 5% from a month earliler. cpi increased compared to may. consumer inflation remains below 3.5% for the year. consumer price index fell 2.7% compared to the previous year. moderated .2% for may but stayed
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in negative territory for the sixth month. across the market this is tuesday, most markets ending higher today, a pretty nice rebound from the declines we saw the previous session. inflation data came with, giv g giving. some investors were out there looking for bargains but many did refrain from aggressive trading today as more data is due out later such as trade balance and gdp figures. the nikkei average there up nearly 2.6%, 14,472. market players bought a wide range of stocks as the yen remains week. australian shows rose to a one-month high, climbing 1.5% to 4,881, led by a rally in banking
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shares. bank of japan board members are preparing to convene a two-day policy meeting, expecting to upgrade third assessment of the economy. the bank's most recent tankan survey showed that business sentiment is improving across many industries. private consumption is also on the rise. analysts are watching to see if the board members use the word recovery. the last time they used that term to describe the economy was 2 1/2 years ago. officials are expected to continue with their monetary easing measures introduced in april. they're trying to achieve a target of 2% inflation within two years. they're also likely to maintain their position that the inflation rate will reach 9.2% by 2016. to the u.s. where government officials there say the country's economy will grow more slowly this year than expected.
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across the board fiscal spending cuts from mrarch are getting mot of the blame. officials also site economic headwinds from europe and slowdown in emerging economies, including china. despite the downward revision, u.s. officials predict the u.s. economy will continue its moderate improvement. the jobless rate is expected to drop 7.3% from the current 7.6%. they slashed the budget deficit by $214 billion. they say it should get to $759 billion. softbank is looking to make a full-fledge launch into the united states, on the verge of acquiring the third largest american carrier, sprint nextel. a boost by clearwire.
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company's shareholders agreed to become a wholly owned subsequent -- subsidiary of sprint. softbank has been approved by regulators. it faces an uphill battle to gain an edge over rivals, though. sprint's base is only about half that of verizon and at&t. the world's first credit card was in the united states in 1950. the cards have become ubiquitous and completely have changed the way people pay for merchandise. more merchants than ever can accept credit cards these days. that may also be the case here in japan. a u.s. firm has developed a system that allows ve s merchan accept credit cards.
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the new payment service is called square. many small business owners can't afford to implement the traditional credit card transaction systems but the point of sale gadget square could help make them more competitive. >> it's been fantastic for us. really worked out well. >> the man behind the innovation and the rapidly growing business is jack dorsey, also widely known as the creator of twitter. we spoke with him during his visit to launch the service. >> hello, how are you? >> who are you? >> nice to meet you. my name is koti. >> nice to meet you. >> what is square? >> the simplest way to start accepting credit cards. that's how we started. what we realized was it wasn't just a way to accept payments. it was a way to actually run and grow your business. we started with individuals. we started with people like flight instructors, piano
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teachers, dog walkers. >> what would you like to achieve in the japanese market? >> i would love to see more small merchants, medium sized merchants grow. i want to see them become bigger entities. i want to see them really be able to start immediately. i think it's extremely evident in japan. we see a lot of entrepreneurs in this country. and a simple tool like this enables them to move very fast and to realize the dream faster than ever. >> what was the most interesting experience for you, using square? >> it really comes down to analytics around your business. simple things like when happens on a rainy day? what's my busiest hour? how many cappuccinos did i sell today? that's what people are looking for and what they don't have
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access to. square tends to give them that data in a simple way. we don't want to make it feel big but like something you can use immediately, something you can look at and in an instant make a decision. so i believe it truly levels the playing field so that people can really compete on great ideas and everyone has access. everyone can participate in a model the world has moved to. >> now we have the swipe and pay system and then you have the swipeless pay system. so what's next in terms of payment? >> in the united states, we've built an application called wallet which allows you to link your credit card once. you walk in. because of geo location, we know that the phone, the wallet is right next to the register. we can tell the merchant that you walked into the store. this is a picture of your face and this is your name. so i can walk in, and say i would like a cappuccino, they find my name, verify that the
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picture is me. they select charge in the background and i walk out. i don't have to bring out my wallet or my phone. very simple, very fluid, very ea easy. this is an experience that works very well in the uh-uh states. >> reporter: how do you see the future of payment then? >> in the sense this we never say the word payment. that it does disappear. you should focus as a buyer on two things. you should focus on what you want and why and then how much it costs, if you can afford it. you shouldn't have to think about how money is transferred or how money moves or even think about payment at all. it should just happen naturally. and that's, you know, the idea behind square. it becomes so easy. it becomes so intuitive that you don't even notice it. >> all right. that is going to do it for biz this hour. here is a check of the markets.
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temperatures are soaring here in japan. rachel ferguson from our weather team explains what's behind this heat wave in her world weather forecast. >> all right then. there's a large high pressure system sitting over japan, really helping those temperatures to rise. today's record highs -- well, we
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heard about some of them just there in katsunuma, record breaking temperature there. here in tokyo, 33.6 at the hottest part of the day. down in osaka, 34.3 was recorded. there were advisories posted across much of the country from tohoku and up to hokkaido, too. we'll be seeing more of the same this week. thunderstorms in the heat of the day as well when we come into the evening hours. in fact, uh-uh might see some really sharp showers. there will be some more rain down to the south off this tropical system. we have a typhoon now in eastern asia. i'll give you a close-up picture of the satellite, showing you the eye there. very well defined. you can see that rotation. this is a pretty serious system. already a strong typhoon, which for those of you who are more familiar with hurricane systems,
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a category 1 hurricane. now we're expecting it to develop to a category 2. that is, if it was a hurricane here, would be a very strong typhoon as it heads in towards the southern okinawa islands in the next couple of days. beyond that, taiwan will also be in the line of fire. moving west at 20 kilometers per hour, just about moderate speed. aat 126-mile-per-hour speeds with 180-mile-an-hour gusts. southern okinawa will start seeing conditions really deteriorating with destructive winds and the rain coming in as well as very rough seas. let's go now to another tropical system. this one heading to the eastern caribbean. we have tropical storm warnings for st. lucia and barbados. this is chantel moving 43
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west-northwest. tropical storm status. rip currents and also heavy rain are going to be really very real concerns into the next couple of days as the system makes its progress into the caribbean. severe storms making their way through northern portions of the u.s. today as well. in fact, it's going to be moving very, very slowly toward the great lakes region. severe storms bringing you some destructive winds. you could even see tornadoes with this as well. large hail not out of the country and even tornadoes. most of the eastern two-thirds of the united states will be seeing wet weather, including the four corners. we'll be talking about how dry and hot it is. wildfires for the last several weeks have been in the news. now we're getting some rain in here. that can also be a problem, because in those scarred, scorched grasslands when the
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heavy rain lands, it can cause some flash flooding issues. that's really going to be a concern into the next 24 hours. here are your temperatures then for the united states, mexico and can dachlt i'll leave you with your extended forecast now
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>> and that's all for this hour of "newsline." i'm shery aahn. thank you for watching.
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tavis: it has taken a backseat to the bloodshed in cairo. here to discuss john kerry's role as a piece worker is tohael oren, the ambassador the u.s..